Greenlam Industries (GREENLAM.NS)

P/B ratio as of November 2024 : 5.89

According to Greenlam Industries 's latest financial reports the company has a price-to-book ratio of 2.70206.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Greenlam Industries - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.66	47.28%
2022-12-31	4.52	-36.44%
2021-12-31	7.12	92.04%
2020-12-31	3.71	-21.1%
2019-12-31	4.70	-16.46%
2018-12-31	5.62	-44.11%
2017-12-31	10.1
2015-12-31	5.88

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Greenlam Industries (GREENLAM.NS) - P/B ratio